Overview
The Know Your Customer (KYC) process is an integral part of customer on-boarding, requires banks and entities to validate and verify primary documents as part of due diligence. Regulators in India made it mandatory to share and comply the KYC information with CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India), which is called as CKYC.
According to the notification there are many processes involved such as document scanning, data entry, sending data to CERSAI in prescribed format, getting CKYC number from CERSAI for every customer etc.
SwiftDOCS CKYC solution simplifies these processes and avoid minimal manual intervention with accuracy.
Features
Linking 20000+ customer with cersai every day
Trusted by 75+ banks and financial institutes
Search customer profiles on cersai
Flexible workflows for various requirements
Integrated with 15+ cbs/crm applications
Automated upload and download of customer data with cersai
10000+ Active users
100% Process automation
API based integration
Detailed audit logs
Mis, reports & dashboard
Integrated mobile app
Advantages
Compliance to RBI, IRDAI & SEBI’s mandatory guideline to enroll customer to CERSAI.
Standard KYC details across Financial sector
Segregation and centralization of KYC documents
Access complete customer profile from CERSAI at finger tips
Eliminate need of paper documents for further KYC requirements
Fast and secure Customer on-boarding process
Industries
Nationalized Banks
Private Banks
Small Finance Banks
Co-Operative Banks
Microfinance Organizations
Housing Finance Companies
